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20121116
20121116
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. thanks very much. >>> another showdown in washington today. president obama has his first face-to-face meeting with congressional leaders over the fiscal cliff hitting january 1st. everyone's taxes set to go up if they can't reach a deal to reduce the deficit. let's go to abc's jonathan karl for more on that. >> reporter: there's not much time left. as one senior white house official told me, this has to be a real start to this meeting. there's no time for photo ops or show meetings. i'm told the president is going to kick things off with a public statement, reiterating his firm position that tax rates on the wealthiest 2% must go up. he will not waiver on that, even as he wants to cut taxes or extend tax cuts for everybody else. that would appear to put him on a collision course with republicans who said raising tax rates on anybody is unacceptable. so, george, potential collision course. but i've got to tell you, both sides are saying they believe something can and must be worked out. >> but to be clear, working things out, the bottom line is wealthier are going to pay more o
Search Results 0 to 2 of about 3 (some duplicates have been removed)